In 2027, SCO (Supplemental Coverage Option) will go from your underlying Revenue Protection Level to 90% county coverage. This changes the band levels for ECO and MCO; they will now go from 90-95%.
Crop Insurance Considerations:
- The top end coverage band is now reducing to 5% of coverage.
- You can purchase MCO or ECO, not both.
- MCO diversifies your crop insurance projected price, by locking in the projected price in the fall.
- SCO Coverage is now extending up to 90%, provide additional value in your crop insurance plan.
- You can purchase SCO regardless of your ARC-CO or PLC farm bill election.
- You don’t have to purchase SCO to purchase MCO or ECO or vice versa.
Here are the 2027 Expected County Yields.
MCO, Margin Coverage Option, is a county-based crop insurance product that provides protection against price, variable input costs, and county yields. The projected price is calculated from 8/15 to 9/14. Sales closing is September 30th. Contact Betsy for more information.
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